Litecoin bound for 200-250 USD midterm

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
1421 4
Litecoin looks to be stalling on top of this ascending channel for quite some time
so a retest of the lower boundary can be expected.
Buy the retest at the high 40's
midterm target 200-250 USD
Long term target 4 digits
It's that simple bro
this is not how we will rise at all, no lower consolidation?? those lines will fail within 1 month
I think we will jump to 100-120 for the halving and then settle back down between 10-40 levels for a bit before a massive rally.
No way bro, we won't jump from a bear market to a bull market without a "fast" period. Don't get confused with this bullish move. Even if these levels are the bottom, we won't do like on your drawing... IF it's the bottom (which I don't believe yet) we should play around the 20-60 levels for a good period of time...
+2 Reply
jbutler7 EmziCrypto
@EmziCrypto, Completely agree. One of my last comparison analyses to 2015 shows that we probably wont get up there to new ATHs until Jul 2020. But near term, prehalving volatility could get us up to 180 top, volume permitting. Next bull market will probably take us above 1k, max @ 5k.
+1 Reply
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